Using Special Purpose Vehicles for filmmaking in Australia

When you’re involved in production you need to be comfortable with a range of accounting terms and business structures. None more so than ‘Special Purpose Vehicle’. No, it’s not a car. If you’ve ever asked, ‘what is a Special Purpose Vehicle and do I need one for my next production?’ then this resource is for […]

What is the Producer Tax Offset? A guide for new producers

If you’re planning a future in Australian film and television production, then you’ll need to get to know the Producer Tax Offset. Why? The Producer Tax Offset – or just the Producer Offset – is a refundable tax offset for money spent in Australia or by Australian companies to make Australian films. Usually, if you […]

Common production funding options – and the traps to look out for

Money makes the world go around – and it makes productions happen. With each potential funding option, there are a few distinct things you should look out for. Make sure you go into any project with your eyes open to how you will fund it and how you will account for those funds. First things […]

[Series] Tax, accounting and filmmaking – Production and Post

If you’re reading this, you’re probably asking yourself “what do I do to better manage the money of my next – or current – production?” This is our third and final post in this series, all geared toward answering that question. In the first two posts of this series, we walked through the ‘pre-pre’ and […]

[Series] Tax, accounting and filmmaking: Pre-production

You’ve made it through all the ‘pre-pre’ stages, and we’re ready to say this is a real project, greenlit and 100% ready to go ahead. It’s time to really get started. It’s time to dive into pre-production. If you read Part 1 of this series, you already know all about the ‘pre-pre’ production stages. If […]

[Series] Tax, accounting and filmmaking: Pre-Pre-Production

What is the lifeblood of filmmaking? Is it the story? The craft? The magic that happens when a group of skilled individuals come together to make something great? I really wish it was any of these things. But here’s the sad reality: it’s money. Money is the thing that enables us to bring our ideas […]

How do I apply for the Producer Tax Offset?

What is the producer tax offset? Before we dive in, a quick refresher. A tax offset normally reduces the amount of tax you actually pay. A refundable tax offset can actually generate a tax refund where no tax has been paid. The Producer Tax Offset – sometimes referred to as just the Producer Offset – […]

Getting Your Producer Offset Money Out Of Your Special Purpose Vehicle

When setting up a Special Purpose Vehicle (SPV) to use in the Producer Offset, you need to give some thought as to how you get the Offset out of the SPV to a relevant entity once it is paid. The Producers Offset comes back to the SPV in the form of a tax rebate, and as such there is no tax payable on it. The issue is how to get the rebate from the SPV to an entity where you can actually make use of the rebate.

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